As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall, at all times, maintain the electronic records relating to such forms for a minimum period of three years.

SymbolNEELAM
Issue Period08-Nov-2024 to 12-Nov-2024
Cut-off time for UPI Mandate Confirmation12-Nov-2024 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
Issue Size"Initial Public Issue upto 54,18,000 Equity Shares (including Market Maker portion of 2,76,000 Equity Shares)"
Issue Type100 % Book Building
Price RangeRs. 20 to Rs. 24 per equity share
Face ValueRs.10
Tick SizeRe.1
Bid Lot6000 Equity Shares and in multiples thereof
Minimum Order Quantity6000 Equity Shares
Maximum Subscription Amount for Retail Investor"Rs. 2,00,000"
IPO Market Timings10.00 a.m. to 5.00 p.m.
Book Running Lead ManagersExpert Global Consultants Private Limited
Sponsor BankAxis Bank Limited
Categories"FI, IC, MF, FII, OTH, CO, IND and NOH "
Sub-Categories applicable for UPIIND (upto 5 Lakhs)
Name of the RegistrarPurva Sharegistry (India) Private Limited
Address of the Registrar"Unit No. 9, Ground Floor, Shiv Shakti Industrial Estate, J. R. Boricha Marg, Lower Parel (E) Mumbai - 400011, Maharashtra, India"
Contact person name number and Email id"Deepali Dhuri, +91 22 4961 4132 / 3522 0056 ,support@purvashare.com"
e-form linke-Forms
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA formSCSB List
Red Herring Prospectusdownload Red Herring Prospectus attachment download
Ratios / Basis of Issue Pricedownload Ratios / Basis of Issue Price attachment download
Sample Application Formsdownload Sample Application Forms attachment download
Security Parametersdownload Security Parameters  attachment download
Processing of ASBA ApplicationsNSE Circular on ASBA Application Processing
Remark"The dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only."
List of mobile applications accepting UPI as Payment OptionMobile APP for UPI
Video link for UPI based ASBA processUPI Based ASBA Process
Video link for BHIM UPI RegistrationBHIM UPI Registration